'Alive and well' AAUs surviving money crisis
3 Mar 2009
The market for government-level emissions rights under the Kyoto Protocol is alive and well, mostly unfazed by the global economic downturn, according to Reuters.
Through the most opaque of the emissions trading schemes under the Kyoto climate change pact, nations comfortably below greenhouse gas targets can sell excess emissions rights to other countries in the form of credits called Assigned Amount Units (AAUs).
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